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Romney's Death Squad Ties: Bain Launched With Millions From Oligarchs Behind Salvadoran Atrocities

Business  (tags: abuse, americans, business, corporate, corruption, cover-up, dishonesty, economy, ethics, finance, government, investments, investors, money, politics, society )

- 2081 days ago -
The latest controversy surrounding Bain concerns how Romney helped found the company with investments from Central American elites linked to death squads in El Salvador. **And the hits just keep coming...**

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Kit B (276)
Monday August 13, 2012, 2:15 pm

AMY GOODMAN: We begin today with new scrutiny Republican candidate Mitt Romney is facing about his record at the private equity firm Bain Capital. The latest controversy surrounding Bain concerns how Romney helped found the company with investments from Central American elites linked to death squads in El Salvador. After initially struggling to find investors, Romney traveled to Miami in 1983 to win pledges of $9 million, 40% of Bain's start up money. Some investors had extensive ties to the death squads responsible for the vast majority of the tens of thousands of deaths in El Salvador beginning during the 1980's. The investors include the Salaverria family, whose former U.S. Ambassador to El Salvador, Robert White, has previously accused of directly funding the Salvadorian paramilitaries. In his memoir, former Bain executive Harry Strachan writes, "Romney pushed aside his own misgivings about the investors to accept their backing." Strachan writes, "These Latin American friends have loyally rolled over investments in succeeding funds, actively participated in Bain Capital's May investor meetings and are still today one of the largest investor groups in Bain Capital." For more, we're joined by Ryan Grim, Bureau Chief for The Huffington Post . He's connecting the dots in the latest story headlined, "Mitt Romney Started Bain Capital With Money From Families Tied To Death Squads". Ryan, welcome to Democracy Now! If you could carefully laid out the story, and set the stage in El Salvador in the early 1980's, what was happening there, the carnage.

By Amy Goodman | Democracy Now | Truthout |

Full video or transcript of interview available at Visit Site.

Giana Peranio-paz (398)
Tuesday August 14, 2012, 12:41 am

Past Member (0)
Tuesday August 14, 2012, 12:58 am
That's interesting - thanks

Lynn Squance (235)
Tuesday August 14, 2012, 4:04 am
Very interesting article Kit. It will be interesting to see whether or not the Obama campaign draws on this. Certainly, as noted at the end of the article, there are risks to that, mainly Rmoney bringing up the drone use in the middle east. Although both are killing with political motives, these are not the same.One is encouraging one group in a nation to kill their fellow citizens and squirreling money away gained through that. And yes the US gov't was complicit in that action. In the middle east, there is a war going on and the drone attacks are trying to target enemy combattants, although not always with the accuracy that is desired resultin in civilian deaths. I do not condone killing and murder, but let's not lump it all together --- El Salvador and drones.

donnaa D (14)
Tuesday August 14, 2012, 4:35 am
thank you

SuSanne P (193)
Tuesday August 14, 2012, 7:09 am
My damn submission is gone, what's new?? This is tragic news (to me), and after viewing the photo you've enclosed: I am not yet ready to watch the video that may have Death Squad horrors included.. I would like Obama to use this against Rmoney, although I don't quite understand what Lynn exactly means by "the risk". I will watch the short video when I can stomach it. TY Kit

helen s (0)
Tuesday August 14, 2012, 12:56 pm
This Romney Death Squad article is the last straw for me. Am removing myself
from this newsletter due to all the idiots who spew nothing but hatred - and the
newsletter itself is no model for decency. Good bye!!

Michael M (60)
Tuesday August 14, 2012, 1:29 pm
Thank you, Kit!

SuSanne, corporate money funding CentroAmerican violence is nothing new. Reagan's Iran-Contra scam to play at nationbuilding war illegally hiding it all from the legislature was official US administration policy.
However, corporate influence is far worse, because there appears to be no public accountability, as was attempted in 1987, even though the "Teflon President" got away personally with violating US law. (he was asleep, and enjoying the early stages of his dementia as well by that time - although an elderly acquaintance who knew Ronny when young could have told you about his outrageous disingenuity (that means deception, to any who don't know).

As much as I don't like warmongering, Wall street worshipping, wolf-killing, corporate pawn Obama, America has a chance to avoid Romney (same adjectives, in Capitals) and his take on exceptionalism allowing killing now, before anyone is foolish enough to vote to put him in charge.

Kit B (276)
Tuesday August 14, 2012, 1:59 pm

For some the truth is hard to handle. Bye, bye Helen - here since 2006, no friends and calls herself - very conservative. Denial is not just a river in Egypt.

Thanks for the comments, and Michael you are so correct. The US messing into the politics and daily life of Central and South America has been going on for long that it's difficult to remember when we were not there, mostly to rob them of natural resources.

To learn more about this read: "Confessions of an Economic Hit Man" by John Perkins

As for Romney gaining money from the same families that were behind the massacres that occurred in Salvador, it really comes a no surprise. That facts within this article can be checked and verified.

Kit B (276)
Tuesday August 14, 2012, 2:01 pm

** edit**

As for Romney gaining investment money from the same families that were behind the massacres that occurred in Salvador, it really comes as no surprise. The facts within this article can be checked and verified.

Diana Bair (7)
Tuesday August 14, 2012, 2:43 pm
We have no idea what Mitt Romney would/will stoop to to get his way, this is a very dangerous man, I would not put it past him to kill or have someone killed to get his way. he may have done worse than just fire people and outsource americian jobs, I would NOT vote for him if I were republician. Diana.

Malcolm Bush (0)
Tuesday August 14, 2012, 4:30 pm
Why is there no petition regarding this; also why is half the news across the world missing or misinterpreted. Time to join up the dots and bring these crimes out into the open.

Malcolm Bush (0)
Tuesday August 14, 2012, 4:48 pm
Why is there no petition regarding this; and even more important, why does the general public not have full knowledge of this issue, and all those surrounding it.

Carlene V (202)
Tuesday August 14, 2012, 4:54 pm
We can hope that the Obama Admin will jump on this one. None are perfect and yes, this type of thing has happened before there then any reason to even consider voting for Wrongmey? Will people like Helen and others who don't like to learn how low someone will stoop still close their eyes and ears and vote him in? Honestly, I think they will without realizing how dumbed down the GOP has made them. Agree with Diana, I wouldn't vote for him if he was a Democrat.

marie C (163)
Tuesday August 14, 2012, 5:14 pm
Noted thank you Kit

Malcolm Bush (0)
Tuesday August 14, 2012, 5:15 pm
If anyone wants to know more about this try the SOA Watch for a start. If you really look you should find enough generic scandal for a lifetimes research.

Rin S (10)
Tuesday August 14, 2012, 11:47 pm
Wow, really interesting. Thanks.
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